Dubai: The Hawkamah Institute for Corporate Governance announced that Philip Armstrong, Director of Governance at Gavi Alliance in Switzerland, has been appointed as a member of the Hawkamah Board effective September 15th, 2019 by the Dubai International Financial Centre Authority, Hawkamah’s sole shareholder.
Dr Ahmad Al Shaikh, Chairman of Hawkamah, said, “Mr Armstrong has been involved with Hawkamah since its establishment, and the Board will benefit from his decades of experience in corporate governance and his years on the Board of the International Corporate Governance Network.”
Philip Armstrong served as a Senior Advisor on Corporate Governance at the International Finance Corporation and headed the OECD and World Bank’s Global Corporate Governance Forum in Washington, DC. He said, “I look forward to this new opportunity, and to working with Hawkamah as it continues to develop corporate governance in the Middle East and North Africa.”
Since its establishment in 2006, the Hawkamah Institute for Corporate Governance has led the way to better corporate governance in the Middle East and Africa. The Institute was originally founded as a ‘think-and-do tank’ to research, advocate, advance and develop good corporate governance practices in the region by providing regulators, companies and organisations with practical tools to improve corporate governance. Corporate governance refers to the mechanisms and processes that a company’s leadership employs to guide the organisation. Hawkamah’s mission is to promote corporate sector reform and good governance by assisting regional countries and companies with the process of developing and implementing good and sustainable corporate governance policies, strategies and practices that enhance value creation.
© Press Release 2019